SoftBank cuts target for OpenAI margin loan by 40% to $6 billion, Bloomberg News reports

SoftBank Group has scaled back plans for a $10 billion margin loan secured by its OpenAI stake after some creditors expressed hesitation. The report points to softer lender appetite and a potential financing headwind for SoftBank’s AI-related investment strategy. No deal size beyond the planned $10 billion and no pricing terms were disclosed.

Analysis

SoftBank Group has scaled back plans for a $10 billion margin loan secured by its OpenAI stake after some creditors expressed hesitation. The report points to softer lender appetite and a potential financing headwind for SoftBank’s AI-related investment strategy. No deal size beyond the planned $10 billion and no pricing terms were disclosed.